Forbes.com
Brendan Coffey
March 16, 2011
That $6 billion Groupon's Eric Lefkosky turned down from Google last year is probably looking a little better now.
The Massachusetts Alcohol Beverage Control Board, aka the no-fun guys, have told Groupon it appears to have been violating the state's laws on discounting booze since its inception. Here's part of the letter sent to the company in February, as reported yesterday by the Boston Globe:
"I am hopeful that the long-established, clear, bright lines of the boundaries of legality have not vanished in the rear-view mirror of entreprenurism driven by unbridled and imprudent, if not reckless, enthusiasm," william A. Kelley Jr., the commission's legal counsel, wrote to Groupon in the February letter.
That takes a bit of the shine off the discount deals, now that beer, wine and sangria are excluded from your $50 Groupon to Beefsteak Charlie's. Yesterday's deal for an Essex restaurant had a blodfaced "Not valid toward alcohol" on the offer.
click here to read the full article.
Showing posts with label bars. Show all posts
Showing posts with label bars. Show all posts
Thursday, March 17, 2011
Wednesday, July 7, 2010
Check out Thirst rises for liquor licenses in Marion County
Thirst rises for liquor licenses in Marion County
IBJ.com
Finding the golden ticket of a liquor license in Indianapolis can be tricky—and costly. All 321 permits allowed in Marion County under a state quota have been allotted. Unless a restaurant is opening in an “off-quota” district, the owner has to find someone willing to transfer an existing license.
Contact me to find out more about existing bars/restaurants for sale in Indianapolis!
Inbizsales@aol.com
IBJ.com
Finding the golden ticket of a liquor license in Indianapolis can be tricky—and costly. All 321 permits allowed in Marion County under a state quota have been allotted. Unless a restaurant is opening in an “off-quota” district, the owner has to find someone willing to transfer an existing license.
Contact me to find out more about existing bars/restaurants for sale in Indianapolis!
Inbizsales@aol.com
Friday, June 11, 2010
Sometimes a bailout can actually prevent progress and growth...
I have followed with fascination the debate about whether or not to bailout banks, car companies etc and the long term effects on our economic system.
I was then struck by a recent example of a situation of where there wasn't a bailout for a struggling local business.
A local bar which was in a great location was failing because of poor and inept management--the place was a mess and eventually closed its doors and the owners suffered a significant economic loss. Enter another set of entrepreneurs who picked up the location at a bargain and who went in and did a significant renovation. A new successful and popular establishment emerged--generating lots more revenue and taxes--employing many more people. The question I ask--what would have been gained if the old bar and gotten a "bailout" and had been allowed to stay in business and limp along following its old management ways?
Tell me what you think...
I was then struck by a recent example of a situation of where there wasn't a bailout for a struggling local business.
A local bar which was in a great location was failing because of poor and inept management--the place was a mess and eventually closed its doors and the owners suffered a significant economic loss. Enter another set of entrepreneurs who picked up the location at a bargain and who went in and did a significant renovation. A new successful and popular establishment emerged--generating lots more revenue and taxes--employing many more people. The question I ask--what would have been gained if the old bar and gotten a "bailout" and had been allowed to stay in business and limp along following its old management ways?
Tell me what you think...
Sunday, March 28, 2010
New Indiana alcohol law raises businesses' spirits
By Julie Crothers, IndyStar.com
Law will be good for sales, they say, though ID rule may be a hassle.
Indiana's bars, restaurants, liquor stores and microbreweries hope to boost their business, thanks to a series of new alcohol provisions recently signed into law by Gov. Mitch Daniels.
Effective March 12, the new statute extends Sunday drinking hours to 3 a.m. and repeals the prohibition of Election Day alcohol sales. Beginning July 1, Sunday carryout sales at microbreweries will be allowed.
Senate Enrolled Act 75 also aims to curtail underage access to alcohol by requiring any establishments that have carryout sales to card all customers who appear younger than 50.
Overall, owners of bars, restaurants and microbreweries say, the law -- which passed the legislature overwhelmingly -- should bring a slight uptick in business because they will have more hours, on Election Day and Sunday, to sell their products.
Business Sherpa says... "Good changes with the exception of requiring everyone under 50 to show ID--not sure of the "benefit" of such a provision"
To read more... click here.
Law will be good for sales, they say, though ID rule may be a hassle.
Indiana's bars, restaurants, liquor stores and microbreweries hope to boost their business, thanks to a series of new alcohol provisions recently signed into law by Gov. Mitch Daniels.
Effective March 12, the new statute extends Sunday drinking hours to 3 a.m. and repeals the prohibition of Election Day alcohol sales. Beginning July 1, Sunday carryout sales at microbreweries will be allowed.
Senate Enrolled Act 75 also aims to curtail underage access to alcohol by requiring any establishments that have carryout sales to card all customers who appear younger than 50.
Overall, owners of bars, restaurants and microbreweries say, the law -- which passed the legislature overwhelmingly -- should bring a slight uptick in business because they will have more hours, on Election Day and Sunday, to sell their products.
Business Sherpa says... "Good changes with the exception of requiring everyone under 50 to show ID--not sure of the "benefit" of such a provision"
To read more... click here.
Tuesday, March 23, 2010
Tuesday, December 1, 2009
Article: Bartender Turns Wine Into Clean Water
Bartender Turns Wine Into Clean Water
CNN
BLOWING ROCK, North Carolina (Nov. 30) -- Behind the bar at a local restaurant, Doc Hendley leans in to hear his customer over the band. "You like the pinot? Cool," he says.
It's a seemingly average interaction, but Hendley is not your average bartender. As he pours wine in the United States, he's also helping to save thousands of lives on the other side of the world -- and he's tapped into his regulars to help.
"[They] sit on the same stool, drink the same drink, pay the same tab every day. I felt like they really did want to be a part of something," Hendley says. "They just were waiting for somebody to bring that something to them."
That something is Wine to Water, Hendley's organization that provides clean water to people in developing countries through funds raised at wine tasting events.
Since 2004, Hendley has traveled to Sudan, Ethiopia, Uganda and Cambodia, working with local communities to build clean water wells and sanitation systems.
The 30-year-old first learned about the world's water crisis when he took a break from college, and his job as a bar-keep, to travel the world; he hoped it would ground his education and provide some direction. It did.
"I began seeing the figures [of] people that don't have access to clean water -- and it absolutely floored me," he recalls.
At least one in six people worldwide lack access to adequate amounts of safe water for drinking and hygiene, according to the United Nations. This contributes to diarrhea, the leading cause of illness and death, and translates to 1.5 million preventable deaths each year.
After returning to school, Hendley realized that just by using his ability to bartend and create relationships with people, he might be able to help the problem. At the bars where he worked, he solicited evenings to host wine tastings and provide information about the global crisis. By graduation, Hendley's "Wine to Water" events had yielded enough funding to implement water projects in the developing world.
He approached a local contact, Kenny Isaacs of Samaritan's Purse, with the intention of handing over the funds for their international charitable water projects. Instead, Hendley found himself in Sudan in spring 2004, training to oversee water projects and developing and installing water systems in zones deemed too dangerous for United Nations aide workers -- all in the midst of civil war.
"[I was] seeing these people living in conflicts, bullets whizzing by their ears -- yet their biggest concern was the huge loss of life because of the unclean water," he recalls. "That's when water changed from being my passion to the burden of my life."
After a year of service in Darfur, Hendley returned to the states and continued his fund-raising events while focusing on ways his group could improve upon other water project models.
"Throughout the desert there were bore holes [for wells] all over the place, they just weren't working," says Hendley. "Organizations would put a brand new, $15,000 bore hole in a village that already had one; [they] didn't stop to think that maybe that one is broken or just needs some parts."
Wine to Water is dedicated to achieving sustainability through education and empowerment of local community members, training them to install, maintain and repair their own water systems.
Hendley has found this approach reduces overhead costs, leaving more for investment in water initiatives and local economies. Because his operation is small, Hendley says he's less deterred by the instability of areas in dire need and is able to access pockets of the world that larger organizations may have to avoid.
To date, Hendley's group has worked in five developing countries, including India, bringing safe drinking water to more than 25,000 individuals in refugee camps, orphanages, schools, hospitals and a leper colony, as well as directly into hundreds of homes through the installation of bio-sand filters.
In the face of the overwhelming global crisis, Hendley says his work may be a drop in the bucket, but to him it's nothing short of a miracle.
"You can be a bartender in Raleigh, North Carolina; you can be just a regular anybody. And you really, really can change the world," he says. "You can touch thousands of lives. I'm walking truth of that."
CNN
BLOWING ROCK, North Carolina (Nov. 30) -- Behind the bar at a local restaurant, Doc Hendley leans in to hear his customer over the band. "You like the pinot? Cool," he says.
It's a seemingly average interaction, but Hendley is not your average bartender. As he pours wine in the United States, he's also helping to save thousands of lives on the other side of the world -- and he's tapped into his regulars to help.
"[They] sit on the same stool, drink the same drink, pay the same tab every day. I felt like they really did want to be a part of something," Hendley says. "They just were waiting for somebody to bring that something to them."
That something is Wine to Water, Hendley's organization that provides clean water to people in developing countries through funds raised at wine tasting events.
Since 2004, Hendley has traveled to Sudan, Ethiopia, Uganda and Cambodia, working with local communities to build clean water wells and sanitation systems.
The 30-year-old first learned about the world's water crisis when he took a break from college, and his job as a bar-keep, to travel the world; he hoped it would ground his education and provide some direction. It did.
"I began seeing the figures [of] people that don't have access to clean water -- and it absolutely floored me," he recalls.
At least one in six people worldwide lack access to adequate amounts of safe water for drinking and hygiene, according to the United Nations. This contributes to diarrhea, the leading cause of illness and death, and translates to 1.5 million preventable deaths each year.
After returning to school, Hendley realized that just by using his ability to bartend and create relationships with people, he might be able to help the problem. At the bars where he worked, he solicited evenings to host wine tastings and provide information about the global crisis. By graduation, Hendley's "Wine to Water" events had yielded enough funding to implement water projects in the developing world.
He approached a local contact, Kenny Isaacs of Samaritan's Purse, with the intention of handing over the funds for their international charitable water projects. Instead, Hendley found himself in Sudan in spring 2004, training to oversee water projects and developing and installing water systems in zones deemed too dangerous for United Nations aide workers -- all in the midst of civil war.
"[I was] seeing these people living in conflicts, bullets whizzing by their ears -- yet their biggest concern was the huge loss of life because of the unclean water," he recalls. "That's when water changed from being my passion to the burden of my life."
After a year of service in Darfur, Hendley returned to the states and continued his fund-raising events while focusing on ways his group could improve upon other water project models.
"Throughout the desert there were bore holes [for wells] all over the place, they just weren't working," says Hendley. "Organizations would put a brand new, $15,000 bore hole in a village that already had one; [they] didn't stop to think that maybe that one is broken or just needs some parts."
Wine to Water is dedicated to achieving sustainability through education and empowerment of local community members, training them to install, maintain and repair their own water systems.
Hendley has found this approach reduces overhead costs, leaving more for investment in water initiatives and local economies. Because his operation is small, Hendley says he's less deterred by the instability of areas in dire need and is able to access pockets of the world that larger organizations may have to avoid.
To date, Hendley's group has worked in five developing countries, including India, bringing safe drinking water to more than 25,000 individuals in refugee camps, orphanages, schools, hospitals and a leper colony, as well as directly into hundreds of homes through the installation of bio-sand filters.
In the face of the overwhelming global crisis, Hendley says his work may be a drop in the bucket, but to him it's nothing short of a miracle.
"You can be a bartender in Raleigh, North Carolina; you can be just a regular anybody. And you really, really can change the world," he says. "You can touch thousands of lives. I'm walking truth of that."
Thursday, November 12, 2009
The Dish - Fountain Square News
The Dish
11.10.09
Edited by Beth A. Clayton
Hip To Be Square
Those who said Fountain Square wasn't living up to its promised potential may soon have to eat their words—or least give them a nibble. A couple new restaurants, a watering hole or two, and a coffee shop are currently in the works just off the Square.
•The first to come along is Calvin Fletcher's Coffee Company (615 Virginia Ave., 423-9697), which opened October 17 on Virginia Avenue in the Fletcher Place neighborhood. The not-for-profit café serves fair-trade coffee and organic teas, plus sweets from City Sweets and Classic Cakes. Each month, tips are donated to a different charity; this month's recipient is Second Helpings.
•Imbibe (1105 Shelby St.), opened Friday in the Fountain Square Theatre Building between owners Linton and Fern Calvert's other two restaurants, Smokehouse on Shelbi and the Shelbi Street Bistro. The Art Deco-themed bar offers small-plate appetizers, craft beers, specialty cocktails, and wines.
•Across the square in the Murphy Art Center, restaurateur Wally Bolinger plans to open The Red Lion, an English pub, the week of Thanksgiving. Bolinger also owns Britton Tavern in Noblesville, and says this one will offer traditional English favorites, like bangers and mash, shepherd's pie, and fish and chips, plus burgers and a couple of vegetarian options. Bolinger will also serve about a dozen craft beers (including some Sun King favorites), 20 bottled beers, and a short wine list.
•In the coming months, we can look forward the White Rabbit Cabaret (1116 E. Prospect St.), from sisters Debra and Rebecca Silveus, which will feature vaudeville-inspired dance shows and some movie and game nights, plus small-plate offerings and beer and wine. And finally, next door at 1130 East Prospect, Radio Radio owners David "Tufty" Clough and Roni Donaldson plan to open a full-service restaurant known tentatively as La Revolucion sometime next year.
11.10.09
Edited by Beth A. Clayton
Hip To Be Square
Those who said Fountain Square wasn't living up to its promised potential may soon have to eat their words—or least give them a nibble. A couple new restaurants, a watering hole or two, and a coffee shop are currently in the works just off the Square.
•The first to come along is Calvin Fletcher's Coffee Company (615 Virginia Ave., 423-9697), which opened October 17 on Virginia Avenue in the Fletcher Place neighborhood. The not-for-profit café serves fair-trade coffee and organic teas, plus sweets from City Sweets and Classic Cakes. Each month, tips are donated to a different charity; this month's recipient is Second Helpings.
•Imbibe (1105 Shelby St.), opened Friday in the Fountain Square Theatre Building between owners Linton and Fern Calvert's other two restaurants, Smokehouse on Shelbi and the Shelbi Street Bistro. The Art Deco-themed bar offers small-plate appetizers, craft beers, specialty cocktails, and wines.
•Across the square in the Murphy Art Center, restaurateur Wally Bolinger plans to open The Red Lion, an English pub, the week of Thanksgiving. Bolinger also owns Britton Tavern in Noblesville, and says this one will offer traditional English favorites, like bangers and mash, shepherd's pie, and fish and chips, plus burgers and a couple of vegetarian options. Bolinger will also serve about a dozen craft beers (including some Sun King favorites), 20 bottled beers, and a short wine list.
•In the coming months, we can look forward the White Rabbit Cabaret (1116 E. Prospect St.), from sisters Debra and Rebecca Silveus, which will feature vaudeville-inspired dance shows and some movie and game nights, plus small-plate offerings and beer and wine. And finally, next door at 1130 East Prospect, Radio Radio owners David "Tufty" Clough and Roni Donaldson plan to open a full-service restaurant known tentatively as La Revolucion sometime next year.
Friday, February 20, 2009
Larry Battershell Named Industry Expert!
The 2009 Business Reference Guide "The Essential Guide to Pricing Businesses and Franchises", 19th Edition, has named Larry Battershell an "Industry Expert" in 'Bars' and 'Restaurants, Limited Service'.
The guide is the premier source of business valuation information in the business broker industry.
The guide is the premier source of business valuation information in the business broker industry.
Tuesday, February 10, 2009
Indiana Restaurant Association and Indiana Association of Beverage Retailers
When looking to buy a business it is often a very good idea to check out various trade associations. In the bar and restaurant industry in Indiana two very good groups which provide excellent information on industry trends, pending legislation and news are:
Indiana Restaurant Association and Indiana Association of Beverage Retailers. Links to both have been placed on this site. In looking to buy a specific business or franchise--google!!!! It's amazing what you can find out about a franchisor if you google "franchisee complaints".
Indiana Restaurant Association and Indiana Association of Beverage Retailers. Links to both have been placed on this site. In looking to buy a specific business or franchise--google!!!! It's amazing what you can find out about a franchisor if you google "franchisee complaints".
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Son Isaac on Camel in Tangiers
